246 result(s) for tax revenues
Xpat Opinion: Minimum Wage In Hungary – What Company Managers Expect
- 10 Oct 2013 9:00 AM
- business
Now that we are after the budget submission for the fiscal year 2014, the minimum wage negotiations for the forthcoming year, just like the trilateral discussions relevant to the national wage recommendations are also in the offing. On that occasion, upon the commission received from the National Association of Hungarian Trade Unions, the Policy Agenda carried out a survey among small and medium ...
Phantom Art Groups Gained Hundreds Of Millions From Tax Allowance In Hungary
- 7 Oct 2013 1:00 AM
- current affairs
Not only sports federations or teams can be granted by the tax allowance system (TAO): a law-amendment allowed companies to support ’spectacular team sports’ from their charges instead of paying it to the state. According to the regulations, performing-art organisations can be granted as well and as Atlatszo.hu’s investigation has shown several companies are seem to be granted with hundreds of ...
Laying Of Foundation Stone For National Instruments’ Science Park In Hungary
- 3 Oct 2013 9:00 AM
- current affairs
The foundation stone of a Science Park, valued at some HUF 4bn, was laid ceremonially at the Debrecen production site of National Instruments (NI) Hungary Ltd. As NI Hungary CEO László Ábrahám said, the company received funding of some 2 billion forints for the implementation of the 6000sqm Science Park project by winning a New Széchenyi Plan tender. At the facility, 300 people – mainly research ...
Xpat Opinion: Hungary's Next Year's Budget Is Based On Inaccurate Planning
- 27 Sep 2013 1:00 AM
- business
Compared to the previous quarter of 2013 predictions the latest statistics show no positive turn, Policy Agenda contends. Thus, regarding the preparation of the 2014 budget we must note that the continuing economic policy, and the positive evaluation of the latest statistical figures in the governmental communication can hardly establish an improving economic development. We think that only a ...
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Xpat Opinion: Hungarian National Bank Extends Cheap Loan Programme
- 16 Sep 2013 9:00 AM
- business
Analysts across the political spectrum ponder the possible implications of the National Bank’s extended lending program, which aims to stimulate economic growth.
2013 Deficit Target Will Be Met, States Hungarian Govt.
- 11 Sep 2013 9:00 AM
- business
The central sub-sector of the state budget posted a deficit of HUF 110.0bn for the month of August 2013. The financial transfer data of the central budget at the end of August is in line with the Government's prior expectations. Revenues and expenditures anticipated for the current and the following months - including an outstanding surplus prognosticated for the month of December - confirm the ...
Public Utility Charges To Be Reduced Again In Hungary In November
- 4 Sep 2013 9:00 AM
- current affairs
The Government is open to the Fidesz parliamentary group's latest proposal for a further reduction in public utility charges, the Minister of State heading the Prime Minister's Office said at a press conference in Hódmezővásárhely on Tuesday. Public utility charges must be reduced by at least a further 10 percent before the start of the heating season, János Lázár stated.
Orbán Family Businesses Doing Well In Hungary
- 29 Jul 2013 1:00 AM
- business
Dolomit Kõbányászati, the quarry majority owned by the prime minister’s father Gyõzõ Orbán, had revenues of Ft 1.7 billion in 2012, up from Ft 1.4 billion in 2011, Népszabadság reports. The company reported a profit after taxes of Ft 333.6 million, according to the company registry published by Opten.
Xpat Opinion: Minimum Wage In Hungary – What Company Managers Expect
- 10 Oct 2013 9:00 AM
- business
Now that we are after the budget submission for the fiscal year 2014, the minimum wage negotiations for the forthcoming year, just like the trilateral discussions relevant to the national wage recommendations are also in the offing. On that occasion, upon the commission received from the National Association of Hungarian Trade Unions, the Policy Agenda carried out a survey among small and medium ...
Phantom Art Groups Gained Hundreds Of Millions From Tax Allowance In Hungary
- 7 Oct 2013 1:00 AM
- current affairs
Not only sports federations or teams can be granted by the tax allowance system (TAO): a law-amendment allowed companies to support ’spectacular team sports’ from their charges instead of paying it to the state. According to the regulations, performing-art organisations can be granted as well and as Atlatszo.hu’s investigation has shown several companies are seem to be granted with hundreds of ...
Laying Of Foundation Stone For National Instruments’ Science Park In Hungary
- 3 Oct 2013 9:00 AM
- current affairs
The foundation stone of a Science Park, valued at some HUF 4bn, was laid ceremonially at the Debrecen production site of National Instruments (NI) Hungary Ltd. As NI Hungary CEO László Ábrahám said, the company received funding of some 2 billion forints for the implementation of the 6000sqm Science Park project by winning a New Széchenyi Plan tender. At the facility, 300 people – mainly research ...
Xpat Opinion: Hungary's Next Year's Budget Is Based On Inaccurate Planning
- 27 Sep 2013 1:00 AM
- business
Compared to the previous quarter of 2013 predictions the latest statistics show no positive turn, Policy Agenda contends. Thus, regarding the preparation of the 2014 budget we must note that the continuing economic policy, and the positive evaluation of the latest statistical figures in the governmental communication can hardly establish an improving economic development. We think that only a ...
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Xpat Opinion: Hungarian National Bank Extends Cheap Loan Programme
- 16 Sep 2013 9:00 AM
- business
Analysts across the political spectrum ponder the possible implications of the National Bank’s extended lending program, which aims to stimulate economic growth.
2013 Deficit Target Will Be Met, States Hungarian Govt.
- 11 Sep 2013 9:00 AM
- business
The central sub-sector of the state budget posted a deficit of HUF 110.0bn for the month of August 2013. The financial transfer data of the central budget at the end of August is in line with the Government's prior expectations. Revenues and expenditures anticipated for the current and the following months - including an outstanding surplus prognosticated for the month of December - confirm the ...
Public Utility Charges To Be Reduced Again In Hungary In November
- 4 Sep 2013 9:00 AM
- current affairs
The Government is open to the Fidesz parliamentary group's latest proposal for a further reduction in public utility charges, the Minister of State heading the Prime Minister's Office said at a press conference in Hódmezővásárhely on Tuesday. Public utility charges must be reduced by at least a further 10 percent before the start of the heating season, János Lázár stated.
Orbán Family Businesses Doing Well In Hungary
- 29 Jul 2013 1:00 AM
- business
Dolomit Kõbányászati, the quarry majority owned by the prime minister’s father Gyõzõ Orbán, had revenues of Ft 1.7 billion in 2012, up from Ft 1.4 billion in 2011, Népszabadság reports. The company reported a profit after taxes of Ft 333.6 million, according to the company registry published by Opten.